Headquartered in Daniel Borel Innovation Center, Lausanne Fiscal year ends March NASDAQ: LOGI logitech.com
Logitech International S.A. designs, manufactures, and markets software-enabled hardware solutions for work, creativity, and gaming. The company's product categories include Gaming peripherals and streaming services (via Streamlabs), Keyboards & Combos, Pointing Devices (mice and trackpads), Video Collaboration systems, Webcams, Tablet Accessories, and Headsets. Logitech serves both consumer and enterprise markets globally, with products sold through retail and direct channels. The company is a Swiss public company dual-listed on the SIX Swiss Exchange (LOGN) and the Nasdaq Global Select Market (LOGI). Logitech's brands include Logitech and Logitech G (its gaming brand). Updated
The 13.7% EPS beat is already being overshadowed by the guidance: a semiconductor supplier's facility incident is expected to strip $70 million to $80 million from fiscal Q3 sales. Management says the disruption should be largely resolved by the fourth quarter, so the holiday quarter is the one to watch.
Logitech is handing shareholders about $241 million, roughly $1.68 a share, with the money landing tomorrow. Formula Systems, New York Mortgage Trust, Bentley Systems and Ferroglobe round out today's biggest cash payments.
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Logitech International S.A. designs, manufactures, and markets software-enabled hardware solutions for work, creativity, and gaming.
24/7 Wall St.'s 12-month price target for LOGI is $126.70, rated Buy. The Wall Street consensus target is $107.80. LOGI price prediction →
